Weekly CFO Buys Highlight: NMI Holdings Inc., LKQ Corp., Tronox Ltd.

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Aug 10, 2015

According to GuruFocus Insider Data, the recent CFO buys were: NMI Holdings Inc. (NMIH, Financial), LKQ Corp (LKQ, Financial), and Tronox Ltd (TROX, Financial).

NMI Holdings Inc.: CFO buys 10,000 shares

On 08/07/2015, CFO Glenn Michael Farrell bought 10,000 shares at an average price of $8.58. The price of the stock has increased by 1.05%. NMI Holdings Inc. has a market cap of $469.491 million and its shares were traded at around $8.67. The company has a P/S ratio of 14.64.

NMI Holdings Inc. announced its 2015 first-quarter results with revenues of $10.39 million and gross profit of $8.06 million; the net income was $7.82 million. The 2014 total revenue was $22.21 billion, a 299% increase from the 2013 total revenue. The 2014 gross profit was $50.92 million, an 8% decrease from the 2013 gross profit. The 2014 net income was $48.91 million.

On 02/17/2015, CEO Bradley M. Shuster sold 7,699 shares at an average price of $8.38. The price of the stock has increased by 3.46%. On 08/07/2015, John Brandon Osmon bought 1,875,000 shares at an average price of $8.32. The price of the stock has increased by 4.21%. On 06/16/2015, Director James Ozanne bought 10,000 shares at an average price of $8.07. The price of the stock has increased by 7.43%.

LKQ Corp.: Executive VP and CFO buys 10,000 shares

On 07/31/2015, Executive VP and CFO Dominick P. Zarcone bought 10,000 shares at an average price of $31.14. The price of the stock has increased by 0.87%. LKQ Corp has a market cap of $9.57 billion; its shares were traded at around $31.41. The company has a P/E ratio of 24.15 and P/S ratio of 1.37. Over the past 10 years, LKQ Corp had an annual average earnings growth of 26.10%. GuruFocus rated LKQ Corp the business predictability rank of 5-star.

LKQ Corp announced its 2015 second-quarter results with revenues of $1.84 billion and gross profit of $723.94 million; the net income was $119.72 million. The 2014 total revenue was $6.74 billion, a 33% increase from the 2013 total revenue. The 2014 gross profit was $2.65 billion, a 28% increase from the 2013 gross profit. The 2014 net income was $381.52 million.

On 03/09/2015, President and CEO Robert L. Wagman bought 10,000 shares at an average price of $23.55. The price of the stock has increased by 33.38%. On 08/03/2015, Director Paul M. Meister sold 80,000 shares at an average price of $31.33. The price of the stock has increased by 0.26%. On 07/15/2015, Senior VP and General Counsel Victor M. Casini sold 8,000 shares at an average price of $31.06. The price of the stock has increased by 1.13%.

Tronox Ltd.: SVP, CFO Katherine Carolyn Harper bought 10,000 shares

On 08/06/2015, SVP, CFO Katherine Carolyn Harper bought 10,000 shares at an average price of $10.96. The price of the stock has decreased by 3.47%. Tronox Ltd. has a market cap of $1.27 billion and its shares were traded at around $10.58. The company has a P/S ratio of 5.58 with a dividend yield of 9.45%.

Tronox Ltd. announced its 2015 first-quarter results with revenues of $385 million and gross profit of $35 million; the net income was $49 million. The 2014 total revenue was $1.74 billion, a 10% decrease from the 2013 total revenue. The 2014 gross profit was $207 million, a 9% increase from the 2013 gross profit. The 2014 net income was $427 million.

On 08/06/2015, Chairman, CEO Thomas Casey bought 40,000 shares at an average price of $10.73. The price of the stock has decreased by 1.4%. On 08/06/2015, SVP, General Counsel & Sec. Richard L. Muglia bought 1,000 shares at an average price of $10.87. The price of the stock has decreased by 2.67%. On 08/06/2015, Executive Vice President Jean Francois Turgeon bought 4,900 shares at an average price of $10.29. The price of the stock has increased by 2.82%.